The Spark Minda company workplace in Gurugram
Auto parts maker Minda Corporation Ltd on eleventh July mentioned it has bagged a ₹750-crore contract from a number one car producer to provide battery chargers for electrical automobiles.
The product will likely be manufactured at wholly-owned subsidiary Spark Minda Green Mobility Systems’ facility at Pune, Minda Corporation mentioned in a regulatory submitting.
The firm, nonetheless, didn’t disclose the title of the car producer it has bagged the order from.
“The lifetime value of the order is ₹750 crore,” it added.
Minda Corporation Executive Director Aakash Minda mentioned the order is “a testament to Spark Minda’s robust EV product portfolio and our focus on customer centricity”.
He additional mentioned, “This milestone underlines our commitment towards promoting sustainable mobility and our ability to adapt to the evolving demands of the global automotive industry.” The firm mentioned over the past monetary yr, electrical automobiles accounted for practically 20% of the full orders received and this mission will additional solidify Spark Minda’s stewardship in the direction of inexperienced and related mobility.
